Applied Energetics Q2 FY26 net loss widens 13.02% to $4.28 million; revenue drops 11.85% to $62,000

Reuters2026/08/13 20:50

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Applied Energetics posted a net loss of USD 4.28 million in the quarter ended June 30, 2026, widening 13.02% year over year.
Revenue fell 11.85% to USD 62,000, with two active contracts remaining unfunded and work suspended until funding is secured.
General and administrative expenses rose 21.05% to USD 3.42 million, driven by higher headcount costs, stock-based compensation, recruiting.
Research and development spending more than doubled to USD 699,234 on higher labor, materials and specialized components for prototypes and USP programs.
Field tests continued; one outing disabled a drone sensor at a range meeting prospective customer specifications, with integration work ongoing on Kord Firefly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Energetics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-089178), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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